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North Star has identified over 11,000 relevant results concerning the “North Star Energy Network.”
Shanghai: Enhancing the connection of green electricity resources within and outside the city to support the green electricity needs of intelligent computing cloud enterprises. On March 25, the Shanghai Municipal Economic and Information Commission released a notice regarding the implementation opinions on promoting innovation and development in the intelligent computing cloud industry from 2025 to 2027.
The notice encourages intelligent computing cloud enterprises to connect to the city’s intelligent scheduling platform to comprehensively reduce their network and computing costs. Green electricity pricing and energy services in the Shanghai electricity market were addressed by the Shanghai Municipal Economic and Information Commission.
Patents for Energy Storage Systems: On March 25, the National Intellectual Property Administration published a new batch of intellectual property patents. According to incomplete statistics from the North Star Energy Network, there are a total of 32 core patents related to energy storage systems.
Demonstration Projects: An estimated investment of 3 billion yuan is planned for the hydrogen energy full industry chain project in Zhangye, Gansu. The Zhangye Municipal Government recently announced plans for the hydrogen production and utilization project, focusing on water electrolysis, methanol production, and hydrogen-based microgrid technology.
The project includes the establishment of a 150 MW/600 MWh large-scale independent energy storage station and various demonstration projects for hydrogen production, storage, transportation, and usage.
Midea’s New Energy Company: Reported a 303% year-on-year increase in household energy storage income, projecting profitability in 2024. On March 25, Hekang New Energy disclosed its financial report, showing an operating income of 4.776 billion yuan in 2024, a significant increase from the previous year.
Shandong Lubei Base: The bidding results for the 300 MW/600 MWh independent shared energy storage project were announced on March 25. The candidates for the EPC contract include Yantai Dongyuan Power Engineering Co., Ltd. and Shandong Environmental Energy Design Institute Co., Ltd., with a bidding price of 801,459,169.4 yuan.
Tailing Micro: Reported a performance increase driven by intelligent energy storage BMS technology. The company expects a net profit of 35 million yuan in Q1 2025, a turnaround from a loss in the previous year.
Baolong Technology: Announced that its liquid cooling plate products have been applied to automotive battery packs and energy storage systems, as of March 25.
Changan Automobile: Recently added a new battery supplier. Huizhou EVE Energy Co., Ltd. received a notification from Changan Automobile regarding the supply of HEV battery components.
HaoSen Smart: Has developed solid-state battery module packaging technology. On March 25, the company shared details about its ongoing product development, including solid-state batteries.
Avita 012: Launched a limited edition model priced at 700,000 yuan, featuring CATL batteries.
FuNeng Technology: Announced that its solid-state battery solution will be used in a flying car project.
CATL: Received approval from the China Securities Regulatory Commission for its H-shares issuance, with plans to issue up to 220,169,700 shares.
Shunluo Electronics: Entered the solid oxide battery field, emphasizing its advantages in energy conversion efficiency and fuel adaptability.
Canadian Solar: Projected over 11 GWh in energy storage system shipments for 2025.
Jiaze New Energy: Plans to invest 410 million yuan in a 100 MW/400 MWh shared energy storage project in Heilongjiang Province.
China Power Construction: Signed 23 new energy storage projects worth 3.3 billion yuan in January and February 2025.
Inner Mongolia: Currently has a total of 3.7 GW/16.2 GWh of energy storage projects in the selection process, with more projects yet to be announced.
LG Energy: Announced a strategic partnership with Delta Electronics to expand into the U.S. residential energy storage market.
Xinjing: Announced a tender for operation and maintenance services for an independent energy storage station in Kizilsu Prefecture.
Upcoming Event: The 2025 Third Virtual Power Plant Operation and Future Development Seminar will be held on May 22-23 in Hefei, Anhui.
First Frequency Regulation System: In Shaanxi province, the first thermal energy storage frequency regulation system has entered the debugging stage.
China Energy Construction: Won the EPC contract for a 300 MW/600 MWh independent energy storage project.
National Energy Administration: Launched a special regulatory work focusing on the investment and integration of energy storage systems across 19 provincial grid enterprises.
Xiangtan Electrochemical: Engaged with leading companies in solid-state battery technology for joint development.
Wanrun Co., Ltd: Holds patents related to solid-state battery materials, showcasing its technological foresight in this field.
